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Showing posts with the label Nick Breton

10 per cent of landlords have no formal tenancy agreement in place with their tenants

10 per cent of landlords have no formal tenancy agreement in place with their tenants Among landlords who don’t use a letting agent, 58 per cent are using contracts they have adapted themselves and which may not be legally binding as they have not been checked by a lawyer 13 per cent of landlords have experienced disputes arising from a tenants’ rental contract in the last two years Nine per cent of landlords have not informed their tenants their deposit is held in a government-backed tenancy deposit protection scheme (TDP) Direct Line for Business launches new Legal Documents Service, which gives new and renewing landlord policyholders access to tenancy agreement templates they can complete and which can be reviewed by an accredited law firm to ensure they are legally compliant New research by landlord insurance provider Direct Line for Business1 reveals one in ten private landlords has no formal tenancy agreement in place with their tenants. The research exposes th...